The 10 Most Profitable Industries in 2016

For the second year in a row, healthcare technology is predicted by FactSet to be the most profitable sector in 2016, with a 21% profit margin, according to Forbes. Technology Services came in second, followed by Finance.

The least profitable was Distribution Services, with a profit margin of 1.84%, followed by Retail Trade, with a net profit margin of 3.50%.

It looks like Energy Minerals will take the biggest leap percentagewise, moving from 0.25% in 2015 to 3.87% in 2016.

Electronic Technologies, Producer Manufacturing and Retail Trade will all be flat in 2016 against this year.

Transportation is the only industry FactSet is predicting will have a reduced profit margin in 2016. The sector will drop 5.5% from 10.05% in 2015 to 9.45% in 2016.

The chart below shows the top 10 sub-industries within the sectors.

Top 10 Most Profitable Industries Chart

Source: FactSet/Forbes

 

Click here to see all sectors ranked by profit margin in chart form.


MORE LIKE THIS

  • Get the CEO Briefing

    Sign up today to get weekly access to the latest issues affecting CEOs in every industry
  • upcoming events